Choosing a White Label Bank Account Management Portal over developing from the scratch has several advantages:

• Time and cost efficiency: Developing a solution from the scratch is known to consume significant amounts of time and financial resources. A white label solution, however, is a ready-for-usage product which eliminates the need for development time, thereby speeding up the time-to-market.

• Professional Expertise: White label solutions are typically crafted by professional developers or expert teams who have broad experiences in the field, hence their products tend to be more robust and reliable than freshly made in-house solutions.

• Focus on core business: Choosing a white label solution enables companies to focus on their core competencies, such as customer service and marketing, rather than diving into the nitty-gritty of software development.

• Customizability: Most white label solutions are customizable, meaning they can be modified according to the company's unique branding and other specific needs.

• Maintenance and support: White label solutions often come with maintenance and support services from the provider, reducing the workload on your internal IT team.

• Ease of use: White label solutions are designed for ease of use. The provider will typically offer training resources to help your team make the most of the software.

• Future-proof: Providers of white label solutions are responsible for updating the software as technological advancements or regulatory changes take place, helping to ensure the tool remains relevant and effective.

Therefore, choosing a White Label Bank Account Management Portal can prove to be more beneficial for a business in terms of time, costs, resources, and expertise. However, each company should make this decision based on their individual needs, resources, and capabilities.